Section 8 housing eligibility is based on income and not assets. Other benefits programs like Medicaid/MassHealth are mostly asset-based for...

The best financial result for the four sons is to hold on to the house until their mother dies. If the house is sold now, the mother will get a...

I am on a deed with my two brothers.if I pass will this property go to my two brothers or will my husband inherit my share?

It depends on what the deed says. If your mother deeded the property to the children as Joint Tenants, then if one dies, the others become the...

If you cannot find an original will you could proceed with the informal process "intestate" (without a will) as long as you could get the signed...

That's the way they do it. You could argue with them, but it's easier to just work with them. They will open an account in your name, and then...

My parents sold their house and gave me 53k. Do I pay taxes on a 1099? Also, I collect ssdi?

A gift is not a taxable event for the recipient. You do not have to report a gift and you do not owe income-tax on the receipt of a gift. SSDI is...

You will have to sign a new Will that names your daughter as Executor (now called the Personal Representative). In the past (before computers)...

Life Estate Questions?

If you sell the house after the five year look-back has passed, then the children would get a share of the proceeds based on the age of the father...

Is the purchase of a MassHealth-qualified annuity subject to the 5-year lookback period?

A purchase of an annuity is a purchase for value and not a gift, so it does not disqualify either spouse from getting MassHealth no matter when it...

You can spend your Uncle's money on anything that benefits him. Food, clothing, entertainment. It's not a good idea to give it away, but a small...